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$1,350,000

Est. payment - /mo

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6,899 Sqft Lot

Open 1/23 11AM-12PM

2901 Rosecrans Ave Gardena, CA 90249

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Allen Yabko

[email protected] +1(213) 453-2951

OPEN HOUSE

Thu Jan 23, 11:00am - 12:00pm

UPDATED:

01/21/2025 05:42 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25003568

HOA Y/N No

Year Built 1958

Lot Size 6,899 Sqft

Property Description

2901 W Rosecrans Ave is a prime investment opportunity in a rapidly gentrifying area of Gardena, located near significant developments along Crenshaw and Van Ness. The property is well-maintained, with solid in-place rents and the potential for approximately 15% rental growth. The property includes an owner-occupied 3-bedroom/2-bathroom unit, as well as four (4) 1-bedroom/1-bathroom units. A savvy investor could take advantage of an assumable loan of approximately $450K at a favorable 3.07% interest rate, offering the flexibility to increase rents while deferring future interest rate changes. Additionally, the property is separately metered for gas and electricity, making it easy to manage. Tenants benefit from convenient access to highways and Gardena's local amenities.

Location

State CA

County Los Angeles

Area 114 - Hollypark

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 5

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4059019030

Energy Description 260.0

Acceptable Financing Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc. • 310-403-9145

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Allen Yabko

Agent | License ID: DRE 02074553

+1(213) 453-2951